The gross investment in the food and beverage service activities sector in Spain has shown notable fluctuations and growth over the past decade. From 2013 to 2019, there was a steady increase in investment, peaking at 1,490 million Euros in 2019. However, the sector faced a significant setback in 2020, with a decrease of 18.74% due to the COVID-19 pandemic. A recovery phase ensued with investments climbing again to reach pre-pandemic levels by 2023. The year-on-year variation has settled to a modest increase of 3.86% in 2023, standing at 1,490 million Euros. The 5-year CAGR since 2018 reflects a slight negative trend of -0.032%.
Forecasted data from 2024 to 2028 predict a stable investment level maintaining at 1,490 million Euros annually. This indicates an anticipated stagnation in growth with the forecasted 5-year growth rate and CAGR hovering around -0.05% and -0.01% respectively.
Future trends to watch include the impact of evolving consumer preferences toward sustainable and health-focused dining options, technological advancements improving operational efficiencies, and potential economic fluctuations influencing disposable incomes and investment capacities in the sector.
